The Economic Context

Lesson 1 Lesson 2 Lesson 3 Lesson 4 Lesson 5 End of Unit Test

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Lesson Objectives

• Understand the rise and fall of economic activity
• Appreciate the level of economic activity can have effects on small businesses

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Starter ( 10 mins)

Make a list of LUXURY brands that you aspire to consume....

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Keywords (5 mins)

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Information (10 mins)

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Task (35mins)

Explore Lakeside - work out the percentage of shops selling luxury brands

1. What would be the effect on Lakeside if there was a recession? (3 marks)
2. Explain how it would change the appeal of the shopping centre (5 marks)

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Plenary (5 mins)

Would you consider it a risk to open a store selling luxury brands? Would you be willing to take that risk?